CEO and founder of McAfee Antivirus, John McAfee, advises the Transcodium Project while reiterating the prospects of the project
Transcodium is the first of its kind decentralized transcoding platform, and Transcodium Ltd. began the pre-ICO sale on the 7th January, 2018, allowing participants to get the token for a remarkably amazing discount of 30%. Described as the solution for transcoding, the project has been receiving accolades from different quarters, and the latest of such accolade is coming from the founder and CEO of popular antivirus, McAfee Antivirus, in the person of John McAfee.
John McAfee is a popular and well-respected name in the IT industry, with his McAfee Antivirus ranked amongst the first ten antivirus software applications in the world. John McAfee has not only advised the Transcodium project on ways of ensuring its effectiveness and how the aims of the project will be achieved. He described Transcodium as the solution to the high cost of creating streaming networks.
In the words of John McAfee and as tweeted on his official Twitter handle, “My personal investment of the week: http://www.transcodium.com Giants own the video streaming world with no room for small players. Transcodium, a solution to the cost of creating streaming networks, is the first ICO opportunity investors to participate in this arena.” – https://thinklab.com/content/1529292
The aim of Transcodium is to provide the first of its kind peer-to-peer decentralized file editing, transcoding and distribution platform with high quality and reliable computational power, without requiring users to break the bank. This will eventually create a global market for users that are willing to rent their idle machines to be used as workers. Workers will also get rewarded with tokens at the end of the processing.
Transcodium is a registered and verified company that has been issued with EV SSL. The company is also tested and trusted, as it already has an existing product on media transcoding and distribution. The transcoding industry is an existing market and is described as one of the fastest growing fields. Therefore, it is not surprising that giant companies like Google and Amazon are tapping into this field.
With John McAfee now lending his support to the Transcodium project, Transcodium aims to become one of the major players in the global video transcoding market that is expected to grow from USD 3.25 Billion in 2017 to USD 7.50 Billion by 2022.
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